Dollar Tree Inc.

Chesapeake-based Dollar Tree Inc. promoted Gary Philbin to Dollar Tree enterprise president and hired Duncan Mac Naughton as president and chief operating officer of the company's Family Dollar brand.

In his new role, Philbin, 60, is responsible for store operations, merchandising, marketing and real estate across all banners including Dollar Tree, Family Dollar and Dollar Tree Canada. He will continue to report to CEO Bob Sasser.

Philbin most recently served as president and chief operating officer of Family Dollar, which Dollar Tree acquired in July 2015. He began his career with Dollar Tree in 2001 as senior vice president of stores.

Related "Dollar Tree Inc." Articles

Chesapeake-based Dollar Tree Inc. promoted Gary Philbin to Dollar Tree enterprise president and hired Duncan Mac Naughton as president and chief operating officer of the company's Family Dollar brand.
In his new role, Philbin, 60, is responsible...

Seasoned retail executive Gregory M. Bridgeford has been appointed as an independent director to the board of Chesapeake-based Dollar Tree Inc.
Bridgeford, 61, retired in 2014 after a 32-year career with Lowe's Companies Inc., according to a news...

Chesapeake-based Dollar Tree said its profit and revenue rose in its fourth quarter after it bought rival Family Dollar last year. The discount retailer company completed its $8.5 billion purchase of Family Dollar in July, making it the largest dollar...

Dollar Tree Stores Inc. has agreed to pay a $825,000 fine to settle a complaint over safety and health citations at its stores. The U.S. Occupational Safety and Health Administration announced the settlement Thursday with Chesapeake-based Dollar Tree....

Chesapeake-based Dollar Tree Inc. plans to convert its Deals stores to primarily Dollar Tree stores.
Of its 222 Deals locations, 217 Deals stores will be converted to Dollar Tree and the remaining five will be converted to Family Dollar by the end of...

Chesapeake-based Dollar Tree reported a loss in its fiscal second quarter due to higher costs from buying rival Family Dollar.
The discount retailer also posted revenue guidance for the current quarter that was below expectations and Dollar Tree's shares...

Chesapeake-based Dollar Tree Inc. named Michael Witynski chief operating officer. CEO Bob Sasser said the move was part of the company's Family Dollar acquisition and integration.
Witynski, 52, will be responsible for Dollar Tree store operations and...

The Virginian-Pilot reports that CEO Bob Sasser of the Chesapeake-based Dollar Tree Inc. saw an 8 percent boost in total compensation last year as the discount retailer's sales increased.
For more details on his pay, read the full Pilot story here.

Chesapeake-based Dollar Tree Inc. on Wednesday reported fiscal fourth-quarter net income of $206.6 million.
On a per-share basis, the company said it had profit of $1. Earnings, adjusted for costs related to mergers and acquisitions, were $1.16 per...

Family Dollar Stores Inc. shareholders approved an $8.74 billion takeover offer from Chesapeake-based Dollar Tree Inc. after a six-month battle, spurning a higher offer from Dollar General Corp. that they considered too risky.
The vote was announced at...

Family Dollar Inc. adjourned a special meeting of shareholders to vote on the company's potential acquisition by smaller rival Chesapeake-based Dollar Tree Inc. to Jan. 22 from Tuesday.
Family Dollar said it adjourned the meeting as there were not enough...

Chesapeake-based Dollar Tree Stores Inc. is facing a fine of $103,000 by the U.S. Occupational Safety and Health Administration (OSHA) after falling boxes struck an employee while inspectors were visiting a store in New Castle, Del., in June, according to...

Chesapeake-based Dollar Tree Inc. raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.
Shares of the company, which has agreed to buy Family Dollar Stores Inc. for $8.5 billion, rose 3...

Chesapeake-based Dollar Tree Stores Inc. has been fined more than $800,000 by the U.S. Occupational Safety and Health Administration (OSHA) for repeated safety violations in the past five months, according to a U.S. Department of Labor news release.
...

Dollar General Corp., spurned twice in its attempt to buy Family Dollar Stores Inc., took its $9.1 billion offer directly to shareholders in a hostile bid.
Dollar General, based in Goodlettsville, Tennessee, has commenced an offer for all Family Dollar...

Family Dollar Stores Inc. said Thursday it spurned a $9 billion offer from Dollar General Corp. in favor of a lower bid from Dollar Tree Inc., saying it was concerned the Dollar General deal wouldn't be able to pass antitrust hurdles.
The board...

Dollar General Corp. trumped a rival's bid for Family Dollar Stores Inc., offering $8.9 billion in cash for the discount retailer as industry leaders scramble to gain an edge in attracting customers who are still struggling financially.
The offer...

A Family Dollar Stores Inc. shareholder contends that directors shortchanged investors in the discount chain by agreeing to an $8.5 billion takeover by rival Dollar Tree Inc., based in Chesapeake, in a deal that discourages other bidders.
Dollar Tree's...

Family Dollar Stores Inc., seeking to reverse declining sales and profit, said on Thursday it is slashing prices to win shoppers, cutting jobs and shutting hundreds of stores. The retailer has more than 50 stores in Hampton Roads, according to an online...